Being employee owned is at the heart of all Lee Contracting’s services. We believe there is no better way to achieve our mission of providing the finest people, material, and equipment available than having employees be an integral part of our operations. But just what does being employee owned mean for you? Let’s explore the benefits you can expect from working with an employee owned company.
Employee Owned Company Definition
Lee Contracting became an employee owned company on December 11, 2015 through the employee stock ownership plan (ESOP) process. This shift in ownership was created from over 20 years of private ownership with a central focus on creating value for our shareholders. Lee acknowledges that our employees are an integral part of how we perform and complete quality work.
Benefits of Being Employee Owned
A multitude of benefits exist putting company decision making in the hands of the workforce. Employees take more pride in the work they do as well as increase communication between managers and employees. Expert talent becomes easier to recruit and retain as potential and current employees see the benefits of being an important part of company decision making. Increased employee happiness and job satisfaction leads to improved service delivery that brings with it increased customer loyalty.
Established in 1989, Lee began with only a handful of employees and has grown to 400 employees today with a continuous aggressive growth plan. Since Lee has become an employee owned company, we have expanded our crane fleet and our storage capacity by 500,00 square feet. The industry has taken notice of our growth with Lee Contracting being named in the Inc. 5000 list of the fastest-growing privately owned companies in 2016 & 2017.
Give us a call at 888-833-8776 for more information about Lee’s employee owned customer centered focus!